Addvalue Technologies is exploring ways to "unlock the market value and realise the full potential" of its inter-satellite data delay system (IDRS) business.
To this end, the company has assembled a working team with external professional advice to explore alliances, M&A deals or "other capital market postioning strategies", focused on "opportunities in the US market".
Addvalue notes that in FY2026, it has gained further traction with its IDRS business, securing orders worth US$13.6 million for related products.
"These developments underscore the rapid growth trend of the IDRS business, which serves the communication needs of the low earth orbit satellite industry," the company says.
Following the latest contract win of US$3.7 million announced on March 9, the company's total order book has reached US$26.4 million.
Addvalue Technologies shares closed at 7.9 cents on March 12, unchanged for the day but up 690% in the past one year.
